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are looking at tonight? this is "the ud lkudlow report. now that he's been re-elected, tomorrow president obama will finally tackle the fiscal cliff in a delivered statement. we are going to get you the details. there's been a 400-point-plus selloff since the election. we could be staring at a dividend tax and a capital gains tax hike. superstar investor ken hebner tells us how to get through this period. >>> also, american drone and international airspace days before the election and kept secret until now. is that a coincidence? >>> and on election day, voters in two states allowed recreational use of marijuana. is this the gateway to liberals legalizing rampant drug use in this country? janine turner is going to join us. >>> within the hour, word that president obama will make a statement on the fiscal cliff and the economy at 1:00 p.m. tomorrow. the congressional budget office issued a new scenario of what happens if the president and congress fail to act. eamon javers joins us now with the details. good evening, eamon. >> reporter: good evening, larry. as you say, we're getting news t
conference since being re-elected, president obama, with rhetoric sometimes reminiscent of his tax-the-rich campaign mantra, he appeared to dig in his heels on extending tax cuts for the wealthiest americans. take a listen. >> there is a package to be shaped. and i'm confident that parties -- folks of good will in both parties can make that happen, but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists, will have the least positive impact on our economy. >> all right. i don't know about you, but to me, that sounds like a fairly staunch and unwavering position. and yet, the president did insist he's staying open to new ideas. take a listen to this one. >> i am open to new ideas, if the republican counterparts or some democrats have a great idea for us to raise revenue, maintain progressivity, make sure the middle class isn't getting hit, reduces our deficit, encourages growth, i'm not going to just slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> all right. now, that second
the election, number one and number two, the epa knows better than the marketplace. >> the epa knows better than the states, where the oil exists. >> and where there is regular zblags and knows better than the marketplace. free market capitalism in the energy marketplace, larry, has died a long time ago. and it is going to go -- the nails are going into the coffin. one more time. and as if it is not already nailed shut as it is. >> do you think president obama -- all right. i am giving him the benefit of all the doubts, just got re-elected and i say to him fine. do you think president obama will let his epa do what you are describing? do you think president obama will try to throttle the epa back? >> look, for the first three years of the obama administration, we saw every negative behavior towards the oil and gas industry that was possible. suddenly in january 2012, we had this suddenly announced all in, all the above energy strategy which didn't mark with all the actions of the prior three years. my guess is my prediction is that we go back to the original obama administration which is ne
won the election and 2 percentage points on the popular vote and landslide on the electoral college and running explicitly on the platform and the expiration with the upper income were tax cuts and the people were behind him and 60% in the exit polls said they supported that plan and now we have the evidence from the congressional budget office behind them and in my view, the president and the people and the cbo are all lined up on the right side. i'm not saying that will convince you. ? jared, my friend, can i just make one factual correction? >> there are two tax questions in the exit polling and when you ask people about the income tax assuming there's a hike and then yes, you're correction, by 47 to 35 and not a huge amount, and they do favor tacking the wealthy and there was another question in the exit poll and i wrote a column about that, and should taxes be raised to help cut the budget deficit? guess what? yes, 33. no, 63. so i go slow on the mandate side. the country is very divided about tax hikes. >> go ahead. i'm sorry. >> jared, the republicans were elected to control
romney's plan. he lost the election but might his ideas win out in the end? plus obamacare, continues to take it's toll on jobs. and one ceo's comments about it's plan are spurring a national movement to eat pizza. 48 days until the biggest tax hike in the history of the planet earth. president obama put labor and local interest groups to who knows what. senate minority leader had the perfect response on the senate floor today please take a lis ebb. >> the amount of revenue that they are prepared to put usual over the cliff over wouldn't fund the government for one week. so why in the world would we want to do that? what is the point? to make people feel good about whacking somebody else. >> so what is your answer to what mitch mcconnel said? go after rich people. why do it at all? >> it is good to be with you. i think that the minority leader seems to have a math problem. ending the tax cuts for the rich is worth $1 trillion. i think our government spends a little less than $1 trillion. most people think it is $800 billion. this is a ten-year number. you are $80 billion a year. and t
cuts. so tonight we have budget cutting hawk jeff flake, the senator-elect from arizona. then there's this -- >> watch out. they're stealing the hostess twinkies. >> watch this. here's your reward. >> thanks! >> the question is, will the union succeed in stealing the twinkies forever? the ceo of hostess speaks out and speaks to us about this subject. >>> first up, breaking news out of the middle east. at this hour, israel giving the green light to call up 30,000 reserve troops and is moving forces toward the gaza strip. this is war. this after tel aviv came under rocket fire attack for the first time in 20 years today. and where is president obama on all of this? let's get right to our special guest this evening. we have former assistant secretary of state rich williamson and syndicated radio talk show host john boutzer. how much injury they inflict on hamas? i want to know if the total blowout is possible? >> yes, it is, larry. why that is critical is because egypt is involved profoundly in this problem. morici, the new le elely electe president of egypt, is in the muslim brothers.
Search Results 0 to 5 of about 6